Today the Capital Senior Living Corporation announced the completion of a sale/leaseback endeavor valued at $54 million dollars. By selling and leasing back three of the company’s communities, Capital Senior Living hopes to reduce debt. The three communities being sold and leased back are Crosswood Oaks in Citrus Heights, Calif., The Veranda Club in Boca Raton, Fla. and Tesson Heights in St. Louis, Mo.

For more click here: http://www.tradingmarkets.com/tm.site/news/BREAKING%20NEWS/269331

An eighty-nine-year-old woman in Vancouver, Wash. is being listed as yet another fatal victim of norovirus. The woman, Mina Allen, was a resident of The Cascade Inn, a retirement home that suffered a norovirus outbreak in early March.

Allen was initially hospitalized for symptoms of norovirus in April.  She was then sent to another retirement home, to a hospice, and, finally, back to the hospice following her release.  She died last Wednesday.

It seems as if norovirus’ grip on the northwest coast is not loosening up any time soon.  The Cascade Inn has suffered more than most senior living facilities, with several deaths occurring  since the outbreak.

Like The Wilsonville, another northwest assisted living home adversely affected by norovirus, the Goldman Mature Market Report will be monitoring this situation closely.

For more information visit http://www.kptv.com/Global/story.asp?S=4958773.

Authorities are still searching for the cause of a four-alarm fire that claimed lives at a senior living residence in Richmond, Virginia on Monday.  More details in today’s Richmond Times-Dispatch … click here to read: “Exploding oxygen tank fed fire, fear”